Under section 21 of the Prevention of Money-laundering Act, 2002, the reason the Director may withhold…
Section 21(6) allows the Director or an authorised officer to withhold records for 90 days from receipt of the release order on an opinion that they are relevant for appeal…
Choose your answer
Under section 21 of the Prevention of Money-laundering Act, 2002, the reason the Director may withhold records after a release order is:
Answer and explanation
Correct answer B
Section 21(6) allows the Director or an authorised officer to withhold records for 90 days from receipt of the release order on an opinion that they are relevant for appeal proceedings under the Act. This provision does not grant indefinite retention or an independent transfer-to-another-agency ground; distinct lawful disclosure powers must be considered separately.